Jeonbuk Bank in South Korea has started offering BTC-backed loans to businesses. It's the first among traditional banks in South Korea. Currently, it's only available to businesses, only accepts BTC, and the borrowed Korean won can only be used for company operations. BTC is handed over to third-party custody, and the bank doesn't touch the coins. Among South Korean companies, the one holding the most BTC is Nexon, which owns Bubble Fighter, MapleStory, and DNF, with around 2,000 BTC. Other companies hold relatively less due to previous South Korean policies.